The proceedings and deliberations of the Board and its Committees are confidential. Bruce Chinn is president and chief executive officer of Chevron Phillips Chemical, a global petrochemical joint venture with a top-quartile safety record and 2021 revenue of more than $14 billion. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Of this total $150,000 was received as fees earned or paid in cash, $0 was received as non-stock incentive plan compensation, $0 was received as change in pension value and nonqualified deferred compensation earnings, $0 was received as options, $225,000 was awarded as stock and $492 . Under this policy, ballots, proxy forms and voting instructions returned to brokerage firms, banks and other holders of record are kept confidential. This Charter and any provision contained herein may be amended or repealed by the Board of Directors. The Corporation has and will continue to maintain an orientation program that contains written material, oral presentations and site visits. Find the best Executive Assistant to Director of the Board job in Wetteren with StepStone BE. Austin also served as interim president for the University of Southern California, following the resignation of C. L. Max Nikias. Today's top 18,000+ Board Of Directors jobs in United States. We strive to enable human progress in a sustainable manner to serve the worlds growing population and create a better future. This report is not for commercial use. Also, proxies must disclose specific detailed information regarding the pay practices for certain executives. This information is according to proxy statements filed for the 2021 fiscal year. Email Chevron's Board at corpgov@chevron.com. Executives are expected to achieve targets within five years of assuming their positions. You may also find the annual proxy statement by going directly to the company's website. The Chairman in coordination with the Lead Director sets the schedule for Board meetings and determines the timing and length of the meetings of the Board. The Board and each Board Committee have the right at any time to retain outside financial, legal or other advisors. The Board will obtain stockholder approval of any stockholder rights plan. Interested parties wishing to communicate their concerns or questions about Chevron to the Lead Director or to independent Directors may do so by U.S. mail to Lead Director or to independent Directors, c/o Office of the Corporate Secretary, Chevron Corporation, 6001 Bollinger Canyon Road, San Ramon, CA 94583. The independent Directors select the Chairman of the Board annually. P.O. How much does a Board of Directors make in Bethlehem, PA? Directors interact with members of management and other employees in connection with Board meetings, briefings, dinners, receptions, and tours of company operations and facilities or at the request of a Director. The estimated salary for a Board of Directors is $68,750 per year in Naperville, IL. In addition to regularly scheduled meetings, unscheduled Board meetings may be called, upon proper notice, at any time to address specific needs of the Corporation. Each subcommittee shall have such name as may be determined from time to time by resolution adopted by the Committee. $0 was received as change in pension value and nonqualified deferred compensation earnings, Guided by our vision and values, The Chevron Way, our Board of Directors and Corporate Officers are committed to demonstrating the highest standard of ethics. Is this useful? Phoebe Wall Howard. The Committee utilizes the annual Board evaluation to gather input to assist the Committees' evaluation and recommendations. All proxy statements are public filings made available to the general public by the SEC. The average salary for a Director is $129,357 per year in United States, which is 66% lower than the average Chevron salary of $386,010 per year for this job. The Management Compensation Committee periodically assesses the guidelines and the executive officers' ownership relative to these guidelines, and makes recommendations as appropriate. ; 71% of the management team is White. All Other Compensation: Compensation that is paid in the form of perquisites, such as expense reimbursement. 475:1. $279,000 per year AIMS K-12 College Prep Charter District . Wirth, who also serves as chairman of Chevron's board of directors, was named CEO in February 2018 after a more than 30-year career at the San Ramon, California-headquartered oil major. Any Committee member may resign effective upon giving oral or written notice to the Chairman of the Board of Directors, the Corporate Secretary or the Board of Directors (unless the notice specifies a later time for the effectiveness of such resignation). Chevron. Chevron Chairman and Chief Executive Officer Mike Wirth will serve as the chairman of the API's board of directors. The Board of Directors of Chevron directs the affairs of the corporation and is committed to sound principles of corporate governance. promoting strong corporate governance practices. The Board Nominating and Governance Committee reviews the Boards leadership structure annually and in planning for a leadership transition, and recommends changes to the Board of Directors as appropriate. 2001 2023 Chevron Corporation. The Board has four standing Committees: Audit, Board Nominating and Governance, Management Compensation, and Public Policy and Sustainability. The lowest-paying job at Chevron is a Cashier with a salary of $36,136 per year. In 2017, he took home $49,920 in salary . The proxy statement includes footnotes and explanations of this information plus other information that is pertinent in assessing the overall value and appropriateness of the compensation information. read management compensation committee charter. The average Chevron hourly pay ranges from approximately $17 per hour for a Cashier to $184 per hour for a Director. The Committee shall meet as often as may be deemed necessary or appropriate, in the judgment of the Chairperson, either in person or telephonically, and at such times and places as the Chairperson determines. subscribe to our newsletter to receive news and updates. The Committee shall review and discuss the annual CD&A and related disclosures to be included in the Corporations proxy statement relating to the annual meeting of stockholders (Annual Proxy Statement), recommend to the Board of Directors whether the CD&A should be included in the Corporations Annual Proxy Statement, and incorporated by reference into the Corporations Annual Report on Form 10-K, and prepare the report on executive compensation to be included in the Annual Proxy Statement and incorporated by reference into the Annual Report on Form 10-K. The Committee will consider these factors at least annually, as well as any conflicts of interest, in connection with the advisers continued retention. Top companies for Board of Directorses in Little Rock, AR. Chevron employees attributed a compensation and benefits rating of 4.0/5 stars to their company. In such a case, the Board will submit the stockholder rights plan to stockholders for approval at the first meeting of stockholders for which a record date passes after the adoption of the stockholder rights plan. The estimated salary for a Board of Directors is $65,191 per year in Bethlehem, PA. CHEVRON CORP income statements for executive base pay and bonus are filed yearly with the SEC in the edgar filing system. pdf opens in new window, corporate governance guidelines In conducting this assessment, the Committee particularly considers leadership experience in business as a chief executive officer, senior executive or leader of significant business operations; experience leading business transformation; expertise in science, technology, engineering, research, or academia; extensive knowledge of governmental, regulatory, legal, or public policy issues; expertise in finance, financial disclosure, or financial accounting; global business or international affairs experience; environmental experience (including with respect to climate change issues); public company board service; and diversity, of age, gender, and ethnicity, and such other factors as it deems appropriate given the current and anticipated needs of the Board and the Corporation, to maintain a balance of knowledge, experience, background, and capability. A majority of the Board consists of independent Directors, as defined by the New York Stock Exchange. The Board expects all Directors and executive officers to display confidence in the Corporation by ownership of a significant amount of stock. Each standing Committee assesses the adequacy of its charter periodically and recommends changes to the Board Nominating and Governance Committee, as appropriate. The estimated additional pay is $189,391 per year. In order to assess performance against the strategic plan, the Board receives regular updates on progress and execution and provides guidance and direction throughout the year. Coronavirus Tips Working and Protection. We strive to enable human progress in a sustainable manner to serve the worlds growing population and create a better future. Box 29000, Presidio Station San Francisco, CA 94129-9000 Fax: 415-923-2013. She was both the first woman, and the first African-American, to hold this position. 4.5 Current Board of directors. The current directors of Oando PLC are as follows: These procedures can be found on the Chevron website at http://www.chevron.com/investors/corporate-governance. Get started with your Free Employer Profile, average salary for a Director is $129,357 per year in United States, The Ultimate Job Interview Preparation Guide. You may retrieve the full proxy statement by going to the Securities and Exchange Commission (SEC) website at www.sec.gov and entering the company's name and then looking in the first column for an entry of "Form DEF 14A" (or any similar code). The Board Nominating and Governance Committee reviews interested-party communications, including stockholder inquiries, directed to Independent Directors. This employer has claimed their Employer Profile and is engaged in the Glassdoor community. The proxy statement's main purpose is to alert shareholders to the annual meeting and provide them information about the issues that will be voted on during the annual meeting, including decisions such as electing directors, ratifying the selection of auditors, and other shareholder-related decisions, including shareholder-initiated initiatives. To learn more about our board members, visit the Board of Directors area of our web site. US oil giants ExxonMobil and Chevron have suffered shareholder rebellions from climate activists and disgruntled institutional investors over their . Between Annual Meetings, the Board may select one or more Directors to serve until the next Annual Meeting. Our Business Conduct and Ethics Code provides information about how we conduct our day-to-day business activities according to the principles of The Chevron Way. Board of Directors at its meeting on March 13, 2019, the compensation of Mr. Patrick Pouyann . A proxy statement (or "proxy") is a form that every publicly traded U.S. company is required to file with the U.S. Securities & Exchange Commission (SEC) within 120 days after the end of its fiscal year. 2 salaries reported, updated at April 1, 2022. 2021 MAR. Chevron has always put people at the center of the energy conversation. Search Board of directors jobs. For those interested in conducting a detailed compensation analysis, we recommend that you review the entire proxy statement. We strive to enable human progress in a sustainable manner to serve the worlds growing population and create a better future. As a member of Board of Directors at CHEVRON CORP, Stock Awards: Compensation paid in the form of company equity that is structured as restricted stock. Coronavirus Tips Working and Protection. Each subcommittee shall keep regular minutes of its meetings and report the same to the Committee or the Board of Directors when required. Corporations compensation policies and practices with stockholders interests. Board Committee members shall be appointed annually by the Board upon the recommendation from the Board Nominating and Governance Committee. To read more about any of the committees click on the committee name listed at the top of the table. Chevron Corporation Change in Pension Value and Nonqualified Deferred Compensation Earnings. . . The Corporate Secretary will compile the communications, summarize lengthy or repetitive communications and forward to the Lead Director or the independent Directors. 2001 2023 Chevron Corporation. Learn about salaries, benefits, salary satisfaction and where you could earn the most. Our strong results come from empowering our people. Of this total $112,500 was received as fees earned or paid in cash, $0 was received as non-stock incentive plan compensation, $0 was received as change in pension value and nonqualified deferred compensation earnings, $37,500 was received as . SAN RAMON, Calif. & AMES, Iowa, February 28, 2022--Chevron Corporation (NYSE: CVX) and Renewable Energy Group, Inc. (NASDAQ: REGI) ("REG") announced today a definitive agreement under which . Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Chairman of the Board and The estimated base pay is $196,619 per year. Any such communication may be made on a confidential or anonymous basis, but all communications should contain sufficiently specific information to permit the Audit Committee to pursue the matter. He was also part of the board of directors at Chevron Phillips Chemical alongside fellow executive representatives for company owners Chevron U.S . Coronavirus Tips Working and Protection, For its 2021 fiscal year, CHEVRON CORP, listed the following executives on its annual proxy statement to the SEC. We believe in the power of humanity to solve any challenge, to overcome any obstacle, and to find responsible solutions that work for all of us. From November 2002 to March 2004, he was also Chair of the Board of WorldCom, and he continued to serve as a member of the board of directors of MCI until January 2006. Four- to six-year terms for Committee Chairpersons facilitate rotation of Committee chairpersons while preserving experienced leadership. All rights reserved. Great health benefit plan, but certain medical consultants are excluded., Learn How to State Your Case and Earn Your Raise, Climb the Ladder With These Proven Promotion Tips, A Guide to Negotiating the Salary You Deserve, How to Prepare for Your Interview and Land the Job. The Committee may, by resolution passed by a majority of the Committee, designate one or more subcommittees, each subcommittee to consist of one or more members of the Committee. The Board dedicates at least one Board meeting each year to focus on strategic planning. Thorough reviews have been conducted to assure this data accurately reflects disclosures. Non-Stock Incentive Plan Compensation: Cash compensation earned for the achievement of predefined objectives. All rights reserved. Lead Director;Retired President and Chief Executive Officer, Vice Chairman, Oaktree Capital Group, LLC, Professor Emeritus of Chemical Engineering, Imperial College London and Retired President, Imperial College London, Retired Chairman, President and Chief Executive Officer, Lockheed Martin Corporation, Former Governor of Utah and U.S. The Board expects all Directors, as well as officers and employees, to display the highest standard of ethics, consistent with The Chevron Way. In all cases, the Chief Executive Officer and any other such officers shall not be present at meetings during the time when their compensation or performance is discussed or determined. 8. CEO Pay Ratio. The entire Committee or any individual Committee member may be removed from office with or without cause by the affirmative vote of a majority of the Board of Directors. The Board expects all Directors, as well as officers and employees, to display the highest standard of ethics, consistent with The Chevron Way. notice re: updated business conduct and ethics code. The Committee shall annually review compensation policies and practices of the Corporation, including non-executive programs, to determine whether any such policies or practices encourage excessive risk taking, or are reasonably likely to have a material adverse effect on the Corporation. Company profile for Honeywell Flour Mills PLC including key executives, insider trading, ownership, revenue and average growth rates. Chief Executive Officer. Dr. Moyo earned a bachelor's degree in chemistry and MBA degree in Business Administration from American University, an M.P.A. All Committees report regularly to the full Board of Directors with respect to their activities. Love your next job. Our culture is built upon the principles of responsibility, trust and integrity. . San Ramon, CA 94583. Thorough reviews have been conducted to assure this data accurately reflects disclosures. The Audit Committee assists the Board of Directors in ensuring that the corporations financial statements are properly audited, that the corporation maintains an effective internal audit function and that the corporation complies with legal and regulatory requirements, among other duties. $60,979 . Leverage your professional network, and get hired. Caterpillar Inc. Former President and Chief Executive Officer, Renewable Energy Group, Vice President, Health, Safety and Environment, Vice President and Chief Financial Officer, Corporate Secretary and Chief Governance Officer, Executive Vice President, Oil, Products & Gas, Vice President, Strategy & Sustainability, Vice President and Chief Human Resources Officer, Vice Chairman and Executive Vice President,